The Sr. Accounts Payable & Receivable Manager is responsible for the end-to-end management of accounts receivable and Ad Fund/Go-Fund accounts payable functions. This role partners closely with Finance, Marketing, and Franchise Operations to ensure accurate billing, collections, payment processing, and financial reporting. The position also leads a team responsible for invoicing and collections while ensuring the integrity and scalability of financial processes within the NetSuite ERP system.
Key Responsibilities:
- Manage full-cycle accounts receivable, including franchisee billing, collections, and cash application
- Ensure accuracy and timeliness of royalty, Ad Fund, and Go-Fund billing
- Oversee franchisee payments (ACH, EFT, deposits), including posting and reconciliation
- Monitor receivables, identify collection risks, and escalate as needed
- Maintain accurate and timely financial reporting
- Ensure alignment between financial systems and operational activity
- Drive process improvements across AR and billing functions
Ad Fund / Go-Fund Management
- Partner with Marketing to manage Ad Fund and Go-Fund collections and disbursements
- Ensure accurate payments to external agencies and financial transparency
Systems & Reporting
- Maintain accuracy and scalability of financial processes within NetSuite ERP
- Monitor integrations, reconcile accounts, and generate reporting
- Identify and escalate financial risks in partnership with internal stakeholders
Leadership & Team Management
- Lead, coach, and develop a team of AR and billing professionals
- Establish performance expectations and accountability standards
- Foster a high-performance, accuracy-driven team culture
- Support cross-training and professional development
Cross-Functional Partnership
- Serve as a key liaison between Finance, Marketing, and Franchise Operations
Qualifications:
Education & Experience
- High School Diploma or GED required; Bachelor’s Degree preferred
- 4–6 years of relevant experience required; 8–10 years preferred
Knowledge, Skills & Abilities
- Strong leadership and organizational skills
- High attention to detail and accuracy
- Ability to analyze and communicate financial data
- Strong cross-functional communication skills
- Ability to manage priorities in a fast-paced environment
- Advanced Microsoft Office skills (Excel, Word, PowerPoint, Outlook)
- Experience with ERP systems (NetSuite preferred)
- Ability to adapt in a growing, evolving environment
Additional Information
This role may take on additional responsibilities as business needs evolve.